Economic Cooperation in Balkans: The Case of Bosnia and Herzegovina

Economic Cooperation in Balkans: The Case of Bosnia and Herzegovina

GÜNDOĞAN, Mete
ÇETİNER, B. Gültekin

This article analyzes economy and investment opportunities in Bosnia and Herzegovina (FBiH) in between 1995 and 2009. FBiH and Turkey have an established cultural, social and diplomatic relations. Historical common bonds are regional realities but economic cooperation is a contemporary necessity to strengthen these bonds. It is questioned if economic cooperation is supporting common bonds in terms of investments and trade. FBiH is currently in the less developed countries list of the World Bank with a high rate of unemployment. Such status is mostly inheritance of socialist - communist past. But such status is also creating a lot of investment and trade opportunities for many countries. Within this context, Turkey should produce a strategy associated with Balkan economies in her trade and development. Currently, neither direct Turkish investments nor economypolitic strategies are sufficient to bestow Turkey a key role in the Balkans.

Conference or Workshop Item
PeerReviewed

2010-06

637